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Don't
Trade Scared Money
No one ever made any
money trading when it
was to pay their bills
at the end of each
month. Having a
definite monthly
financial requirement
could put you in
trouble and can very
quickly mess up all
trading discipline,
rules, objectives, and
leads faster than you’d
expect.
When
you trade you need to
take a reasonable
amount of risks in
order to get a good
reward. It is very
difficult to predict
how and when the market
gives up their profits,
and it is therefore
even more difficult to
control it. You should
never trade if you need
money for your bills,
and, don’t trade if
your business and
personal expenses
aren’t covered by
another income stream
or bank account. Don’t
make any swift
decisions.
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